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The Revv: West Allis

Current Investment

The Revv: West Allis

West Allis, WI
Property Type
Multifamily Real Estate
Year Invested
2023
Number of Units
247

West Allis is a Class A, 247-unit multifamily development located along West National Avenue in West Allis, Wisconsin, designed to meet growing demand for high-quality housing near Milwaukee. The project features modern amenities, strong local market fundamentals, and a strategic location within a rapidly developing corridor.

Investment Highlights

  • Premier West Allis development site surrounded by strong neighborhood amenities including dining, entertainment, shopping, and recreation.
  • Strategically located just 5 miles west of Milwaukee's CBD within a strong and growing employment corridor.
  • Submarket Class A apartment occupancy exceeds 99%, supported by limited new supply and strong renter demand.
  • Only three large-scale developments totaling 490 units have been delivered in the past eight years despite a renter base exceeding 12,000 households.
  • Recent Class A multifamily projects in the market have achieved strong lease-up momentum with absorption averaging 25+ units per month.

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